By Abhinaya Prabhu
Publication Date: 2026-08-24 09:36:00
- Nvidia is in talks to invest in Perplexity at over $30B, per The Information.
- The round would follow a $23B round in January 2026 and a $20B round in September 2025.
- Revenue has surged past $750M on an annualised basis, fuelled largely by Perplexity Computer.
Nvidia is reportedly discussing an investment in Perplexity as part of an equity funding round that would value the AI search startup at more than $30 billion, The Information reported, citing people with knowledge of the discussion.
The funding round would increase Perplexity’s valuation by more than 50% from its previous financing a year ago, when the company closed a $200 million round at a $20 billion valuation in September 2025.
Perplexity’s valuation jump
Founded in August 2022 by Aravind Srinivas, Denis Yarats, Johnny Ho, and Andy Konwinski, Perplexity raised $73.6 million at a $520 million valuation in January 2024, then $63 million at $1.04 billion in March 2024 to hit unicorn status.
TFN tracked the run from there: $500 million at $9 billion in late 2024,$500 million at $14 billion in May 2025, then a $100 million extension to $18 billion in July 2025, with Nvidia, SoftBank Vision Fund 2, NEA, and IVP all participating. September 2025’s $20 billion round and January 2026’s $23 billion round brought it here. That’s roughly $1 billion to $30 billion-plus in about two years.
At $750 million in annualised revenue, a $30 billion valuation prices Perplexity at…
